UBS Group Trims Helen of Troy (NASDAQ:HELE) Target Price to $100.00

Helen of Troy (NASDAQ:HELE) had its target price lowered by UBS Group from $121.00 to $100.00 in a report released on Thursday, Benzinga reports. The firm currently has a neutral rating on the stock.

Several other research analysts have also recently commented on HELE. DA Davidson decreased their target price on shares of Helen of Troy from $151.00 to $139.00 and set a buy rating for the company in a research report on Thursday. StockNews.com upgraded shares of Helen of Troy from a hold rating to a buy rating in a research report on Tuesday, January 9th.

Helen of Troy Price Performance

NASDAQ HELE opened at $91.21 on Thursday. Helen of Troy has a 52 week low of $86.23 and a 52 week high of $143.68. The company has a current ratio of 1.87, a quick ratio of 0.98 and a debt-to-equity ratio of 0.40. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 1.34 and a beta of 0.80. The company has a 50-day moving average price of $112.60 and a two-hundred day moving average price of $112.17.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Wednesday, April 24th. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The firm had revenue of $489.20 million during the quarter, compared to analysts’ expectations of $477.88 million. Analysts forecast that Helen of Troy will post 8.46 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Helen of Troy by 0.7% in the third quarter. Vanguard Group Inc. now owns 2,408,664 shares of the company’s stock valued at $280,754,000 after acquiring an additional 16,124 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Helen of Troy by 6.9% in the fourth quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock valued at $212,750,000 after acquiring an additional 114,215 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Helen of Troy by 1.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 920,098 shares of the company’s stock valued at $106,032,000 after acquiring an additional 13,206 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Helen of Troy by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 334,551 shares of the company’s stock valued at $38,995,000 after acquiring an additional 11,285 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Helen of Troy by 8.9% during the third quarter. Northern Trust Corp now owns 329,849 shares of the company’s stock worth $38,447,000 after buying an additional 26,990 shares in the last quarter.

Helen of Troy Company Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.